1995 change made it easier for hospitals to locate facilities near competitors

3:25 AM,
Oct. 7, 2013

Written by

Russ Zimmer
CentralOhio.com

There is relentless competition between nonprofit hospitals for the billions that Ohioans spend on health care every year - $82 billion in 2009, according to the Kaiser Family Foundation.

Paula Song, a professor at Ohio State University's College of Public Health, said hospitals might be nonprofit but that doesn't change their need to generate money. It's important for hospitals to build cash reserves so they can invest in ever-advancing medical technology, she said. ...